Category: investment

GreenSky Credit is a lending firm that has been in the financial lending industryfor over a decade. The main focus of its operations is to assist other lending organizations, whether small or big firms, to provide credit to their customers with much ease. GreenSky provides financial support to the creditors and other lending firms so that they can avail their customers with the right loan services that they deserve. On the other hand, the organization also offers an online platform whereby the customers to the financial lenders that are in partnership with GreenSky can access the credit smoothly and without much hassles.

The online platform provided by GreenSky has proved to be one of the most efficient applications in the finance industry. This is because no paperwork is needed for the loan applicant to access the credit facility. All that is required is the applicant to log into the GreenSky Credit website portal and fill in the loan details. Then the details are submitted to the financial institution that is in partnership with GreenSky Credit for review, a process that takes only a few seconds. After the approval by the lending company, then the loan is ready for processing, and the customer can access the fund within the next two days. This has moved a long way in ensuring that the application process is as efficient for the customers as possible.

Since the formation of GreenSky Credit, the organization has continued to show rapid growth; both in the valuation figure and the customer base. This has been greatly attributed to the strong leadership of the company’s CEO, David Zalik, who has been quite focused on the adherence to the firm’s objectives and goals. Unlike other lending firms that have the misconception about the power of any company’s growth, David Zalik is very particular and precise about what his firm requires to reach the great height that he intends to take it. He has led the personnel and management of GreenSky Credit toinvest in strong business relationships with the financial lenders, an aspect that has seen the company’s customer base skyrocket over the recent few years.

The wise always say that procrastination Is the thief of time and as Christopher Linkas, the financial experts put it, many people procrastinate their savings and investment and all they end up doing is stealing their own retirement cushions. Many people end up being burdens to their own family members with huge maintenance cost that they could cover for themselves.

The 1991 graduate of Bowdoin College implores millennial to start investing and saving now because the greatest gift they have is time. As Linkas puts it, it does not matter how much you start saving per month because there would be a little help from the greatest mathematical formula of all time called compound interest that will give you a hand. The interesting thing with compound interest is that you gain extra from the interest you just gained. Interesting enough, if you also gain dividends you also earn an interest when you invest. However, it is common knowledge that saving is not a child’s play. With increased expenses and the lure of millennials to the high life, saving becomes increasingly difficult. Christopher in his time leading financial companies like the RER Financial Group, AEW and Goldman Sachs he has gained some experience that he can share with the young adults.

First, you should establish rules to assist you in managing your finances and making sure you do not overspend. Secondly, learn to make a budget of not only expenses but also income and stick to it. This would help you know the amount you need to save or spend. Thirdly, encourage yourself to take greater risks over time, but always use your common sense to learn what is too much risk. Lastly, make sure to diversify your income and portfolio. This will help in making sure you have enough when the clock ticks down on you.

The aim and drive should be to save at least 8 times your annual salary by the time you reach retirement. Christopher Linkas adds more tips to becoming a better investor. He asks millennials to use the power of technology to do their research and familiarize themselves with the world of investment. The encouragement he lives for the young adults is that the greatest gift they have is time and no matter the hardship or failure they face, they should never give up because time always heals all wounds, even financial ones.